Production Costing, Material Formula Control, and Accounting ERP Deployed for Elite Paint

Paint Manufacturing Formula Control

Elite Paint is a pioneer in Bangladesh's paint industry, manufacturing hundreds of custom color varieties. Mixing paints involves combining exact ratios of pigments, solvents, and binders. To modernize their operations, our CEO visited Elite Paint's corporate headquarters and factory, implementing a fully customized material formula and production costing ERP system.

Automating Raw Material Costing & Requisitions

In paint manufacturing, tracking fluctuating raw material prices is essential to preserve profit margins. The customized Elite Paint ERP system introduces:

• Color Formula Lock: Locking exact chemical and pigment ratios in the system's Bill of Materials (BOM).
• Live Production Costing: Calculating exact production costs per liter by factorizing raw materials, labor, and machinery costs.
• Multi-Branch Warehouse Orders: Automating stock requisitions from regional distribution centers to the primary factory.

'We have automated the complex calculations behind color pigment inventory. Elite Paint now has real-time clarity into gross margins for every can of paint produced.' - Rubayet Fahad, CEO